XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.23.3

Restructuring | 9 Months Ended
--- | ---
Sep. 30, 2023
Restructuring |
Restructuring | NOTE 13. RESTRUCTURING From time to time, the Company incurs expenses to facilitate long-term sustainable growth through cost reduction actions, consisting of employee reductions, facility rationalization and contract termination costs. These costs include severance costs, exit costs and other restructuring costs and are included in Restructuring charges in the Condensed Consolidated Statements of Comprehensive Loss. Severance costs primarily consist of severance benefits through payroll continuation, conditional separation costs and employer tax liabilities, while exit costs primarily consist of lease exit and contract termination costs. Other costs consisted primarily of costs related to the discontinuance of certain product lines and were distinguishable and directly attributable to the Company’s restructuring initiative and not a result of external market factors associated with the ongoing business. Pre-tax restructuring charges by segment for the three months ended September 30, 2023 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, 2023
​ | ​ | Outdoor | ​ | Precision Sport | ​ | Adventure | ​ | Corporate | ​ | Total
Employee termination benefits | ​ | $ | 392 | ​ | $ | 23 | ​ | $ | 93 | ​ | $ | - | ​ | $ | 508
Exit costs | ​ | ​ | 21 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 21
Other costs | ​ | ​ | 570 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 570
Total restructuring charges | ​ | $ | 983 | ​ | $ | 23 | ​ | $ | 93 | ​ | $ | - | ​ | $ | 1,099
​ Pre-tax restructuring charges by segment for the nine months ended September 30, 2023 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended September 30, 2023
​ | ​ | Outdoor | ​ | Precision Sport | ​ | Adventure | ​ | Corporate | ​ | Total
Employee termination benefits | ​ | $ | 526 | ​ | $ | 23 | ​ | $ | 267 | ​ | $ | 163 | ​ | $ | 979
Exit costs | ​ | ​ | 86 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 86
Other costs | ​ | ​ | 770 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 770
Total restructuring charges | ​ | $ | 1,382 | ​ | $ | 23 | ​ | $ | 267 | ​ | $ | 163 | ​ | $ | 1,835
​ There were no significant accruals recorded as of September 30, 2023 related to the Company’s restructuring initiatives.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration